This morning, the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises is holding a hearing to assess the alleged $50 billion investment fraud engineered by Mr. Bernard L. Madoff. This is the second in a series of hearings that will help to guide the work of the Financial Services Committee and the Capital Markets Subcommittee in the 111th Congress in undertaking the most substantial rewrite of the laws governing the US financial markets since the Great Depression. Rep. Gary Ackerman questioned witnesses from the Securities and Exchange Commission. Learn more at: www.speaker.gov
Rep. Ackerman on Madoff Fraud
Posted by admin on December 23rd, 2010
Posted in Depression Videos 
I am the number 400 viewer and dam proud of it. This man should be elected President of the United States. I have never heard a politician speak clearer, Mr Ackerman, thank you gentleman.
@soberg101 no only free sex.
@soberg101 late 20ss dumby
Gary Ackerman for the throne of America, He is a true King who will kill the rats.
PLace them in Jail....jail,jail,jail,jail ,jail. Please !!!!!!!!!!! all of them.......But They got the money...of course they can not go to Jail. American justice a Total failure.
linda suck cock, looks like thats whats coming., Gary your the king.
Go Ackerman Go your your the man, We need more of Ya,
Was pelosi around in the 80's?
these are the same kinda people running our country and thats why were thirteen trillion dollers in dept they give it all away and then make excuses and because they are the united states congress they figure hey ? we dont have to explain were the united states congress the american taxpayer meens nothing to us ?? everybody makes excuses and gets out of everything meenwhile they keep giving millions and millions away while the poor blue coller workers taxes keep going up and up and up ????
everybody always makes excuses to get out of everything or anything maddoff got away with everthing when he went to jail he actually got the better of the deal because if he was handed over to the investers they would have lynched him up with a rope and drug him down the road he ran right over these people and they missed it all and didnt see it comming " the ponzi scheme " these people found nothing because they wernt aware maddoff was even stealing funds from investors ? wake up congress ???
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What the Federal Reserve is doing along with the Exchanges and the predatory High Frequency Junkies at Goldman are doing will make Bernie look like Mother Teresa.
It's so easy to see that they were paid off.
Some of the stolen money was traced to Israel - the main stream press won't report it.
He's out of jail already.
Finally, someone who speaks honestly. Now... what actions can be taken?
@nyvingen IF YOU INVESTED MILLIONS AND LOST IT ALL FROM MADOFF, YOU WOULD BE KISSING ACKERMAN'S ASS, BECAUSE NO ONE ELSE HAS THE BALLS TO STEP UP. YOU MY FRIEND, ARE THE JACK OF ALL ASSES.
@REDTEAM22003 AGREED
The SEC is a major fraud and congress should have revoked the SEC's decision to allow the short sellers remove liquidity from the bid prices. The SEC are all being paid off to put the power into the hands of their contributers. they are a FRAUD and must be abolished before they trigger world war 3.
@triplexxxsatyr He is just trying to make points with voters back home. Where was he and all the rest of the Congessmen??? I think there are more criminals per capita in Congress than in the general public. What did he actually do???
Tax payers need to start by firing everyone in Congress. Fire everyone in the state legislatures. Fire everyone at the local level. How else can you believe that your investments are safe. We now know, at every level, no one gave a damn about your 401(k) retirement funds savings college funds etc.. Maybe we're just too stupid to survive. Listen to these guys preach. What have they actually done?
Ackerman = the man
just rip them all a new asshole
This is just extraordinary. Being a pommie, I don't know who this Ackerman guy is, but he's gone right up in my estimation. Brilliant, scintillating stuff.
If You Could - You Would !!! Bernie Madoff Did !!! From : All The Guys On 17th LOL
If You Could - You Would !!! Bernie Madoff Did !!! From : All The Guys On 17th LOL